industrial development site - loopnet

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SLJ SLJ Company, LLC 4311 West Lovers Lane, Suite 200 Dallas, Texas 75209 www.sljcompany.com EXCLUSIVELY OFFERED BY TY UNDERWOOD 214.520.8818 x 4 [email protected] INDUSTRIAL DEVELOPMENT SITE 1140-1150 WEST WHEATLAND ROAD, DALLAS, TEXAS 75232 Disclaimer: The material contained in this memorandum is confidential, furnished solely for the purpose of considering an investment in the properties described herein, and is not to be used for any other purpose, or made available to any other person without the express written consent of SLJ Company, LLC. The material is based, in part, upon information obtained from third party sources, which SLJ Company, LLC deems to be reliable. However, no warranty or representation is made by SLJ Company, LLC or its affiliates, agents, or representatives as to the accuracy or completeness of the information contained herein. Prospective investors should make their own investigations, projections, and conclusions regarding this investment. ±18.8 ACRES | HIGHWAY VISIBILITY ± 11,000 VPD ± 13,400 VPD S POLK ST SITE W WHEATLAND RD South Dallas Government Center

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Page 1: INDUSTRIAL DEVELOPMENT SITE - LoopNet

SLJSLJ Company, LLC4311 West Lovers Lane, Suite 200Dallas, Texas 75209

www.sljcompany.com

E X C L U S I V E LY O F F E R E D B Y

T Y U N D E R W O O D214.520.8818 x [email protected]

I N D U ST R I A L D E V E LO P M E N T S I T E1 1 4 0 - 1 1 5 0 W E S T W H E A T L A N D R O A D , D A L L A S , T E X A S 7 5 2 3 2

Disclaimer: The material contained in this memorandum is confidential, furnished solely for the purpose of considering an investment in the properties described herein, and is not to be used for any other purpose, or made available to any other person without theexpress written consent of SLJ Company, LLC. The material is based, in part, upon information obtained from third party sources, which SLJ Company, LLC deems to be reliable. However, no warranty or representation is made by SLJ Company, LLC or itsaffiliates, agents, or representatives as to the accuracy or completeness of the information contained herein. Prospective investors should make their own investigations, projections, and conclusions regarding this investment.

± 1 8 . 8 A C R E S | H I G H W AY V I S I B I L I T Y

± 1 1 , 0 0 0 V P D

±1

3,4

00

VP

DS

PO

LK

ST

S I T E

W W H E AT L A N D R D

South DallasGovernment

Center

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T A B L E O F C O N T E N T S

E X E C U T I V E S U M M A R Y

P R O P E R T Y H I G H L I G H T S

P R O P E R T Y P R O F I L E

Z O N I N G I N F O R M A T I O N

S U R V E Y

D E M O G R A P H I C S

S I T E

Page 3: INDUSTRIAL DEVELOPMENT SITE - LoopNet

Disclaimer: The material contained in this memorandum is confidential, furnished solely for the purpose of considering an investment in the properties described herein, and is not to be used for any other purpose, or madeavailable to any other person without the express written consent of SLJ Company, LLC. The material is based, in part, upon information obtained from third party sources, which SLJ Company, LLC deems to be reliable.However, no warranty or representation is made by SLJ Company, LLC or its affiliates, agents, or representatives as to the accuracy or completeness of the information contained herein. Prospective investors should make theirown investigations, projections, and conclusions regarding this investment.

SLJ Company, LLC (“SLJ”) has been exclusively retained to offer 1140-1150 W Wheatland Rd, an approximately 18.8 acre industrial development site, locatedjust north of I-20, between S Hampton Rd and S Polk St, in Dallas, Texas. Positioned along I-20, the Property enjoys excellent access, highway visibility andfrontage, liberal zoning and close proximity to area traffic drivers.

E X E C U T I V E S U M M A R Y

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 3

DALLAS EXECUTIVE AIRPORT

S I T E

SOUTHWEST CENTER MALL

METHODIST CHARLTON

MEDICAL CENTER

UNT DALLAS

WHEATLAND TOWNE

CROSSING

Page 4: INDUSTRIAL DEVELOPMENT SITE - LoopNet

The Property’s frontage on W Wheatland Rd and I-20 service road, offers excellent exposure tovehicular traffic with over 130,000 vehicles per daypassing by the Property.

The Property is in close proximity to numerousnational retailers such as Home Depot, Sam’s Club,Target, CVS, Chick Fil A, Chili’s, Lowe’s, Aldi, andmany more.

M A N Y A R E A T R A F F I C D R I V E R S

P R O P E R T Y H I G H L I G H T S

The Property offers many advantages as aindustrial development site including, large ±18acresize, liberal zoning, excellent access, highwayfrontage, and proximity to area traffic drivers. Theliberal Planned Development 598 zoning districtallows for a variety of uses including insideindustrial, office, medical and lodging type uses.

P R I M E D E V E LO P M E N T S I T E

E XC E LLE N T LO C AT I O N

H I G H T R A F F I C C O U N TS

The Property is located along I-20, between SHampton Rd and S Polk St. With the southernboundary of the Property being the I-20 serviceroad, the Property is well-positioned for heavytraffic. The Property offers ease of access toInterstate 35E and US Highway 67, as well as manyother area thoroughfares.

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 4

S I T E

South DallasGovernment

Center

The population within a 10 mile radius of theProperty is over 690,000 and is expected to grownearly 5% by 2025.

A B U N DA N T L A B O R P O O L

Page 5: INDUSTRIAL DEVELOPMENT SITE - LoopNet

P R O P E R T Y P R O F I L E

±18.8 Acres (819,581 SF)*No minerals are included in the proposed transaction

L A N D A R E A

W Wheatland Rd: ±11,000 VPD (2020)S Polk St: ±13,400 VPD (2020)I-20 Service Road: ±5,200 VPD (2018)Interstate 20: ±127,900 VPD (2017)

T R A F F I C C O U N TS

The subject property is located just north of I-20 at 114-1150 W WheatlandRd, between S Polk St and S Hampton Rd, in Dallas, Texas 75232.

LO C AT I O NFrontage on W Wheatland Rd: ±705 FeetFrontage on I-20 Service Road: ±688 FeetMaximum Depth: ±1,340 Feet

LOT D I M E N S I O N S

PD 598 (Tracts II & III)

ZO N I N G

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 5

S I T E

South DallasGovernment

Center

Page 6: INDUSTRIAL DEVELOPMENT SITE - LoopNet

Z O N I N G I N F O R M A T I O N

None for non-residential uses

M I N I M U M LOT A R E A

Industrial (Inside), Industrial (Inside) for Light Manufacturing, Commercial & Business Service, Lodging, Office, Medical, Retail, and others

P R I M A RY U S E S

25 Feet on W Wheatland; 15 Feet on all other frontages

M I N I M U M F R O N T YA R D

30 Feet adjacent to certain residential districts; None in all other cases

M I N I M U M S I D E & R E A R YA R D

80%

M A X I M U M LOT C O V E R AG E

70 Feet; 5 Stories *subject to residential proximity slope

Link to PD 598Link to PD 598 Exhibit A

M A X I M U M H E I G H T

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 6

0.5 for retail, personal service or commercial uses1.0 for lodging uses1.5 for any combination of lodging, retail, personal service uses4.0 for office or a combo of office and other uses

M A X I M U M F LO O R A R E A R AT I O

PD 5 9 8TR ACT 2 A PD 5 9 8

TR ACT 3

P D 5 9 8T R A C T 2

M F - 2 ( A )

M F - 2 ( A )

P D 5 9 8T R A C T 1 BR - 7 . 5 ( A ) R - 7 . 5 ( A )

Page 7: INDUSTRIAL DEVELOPMENT SITE - LoopNet

S U R V E Y

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 7

Page 8: INDUSTRIAL DEVELOPMENT SITE - LoopNet

2 0 2 0 D E M O G R A P H I C S

C O N S U M E RS P E N D I N G

( $ 0 0 0 S )

54 ,168

# O FB U S I N E S S E S

136

# O F E M P L O Y E E S

1 ,8661 M

ILE

A V E R A G EH O U S E H O L D

I N C O M E

$59K

P O P U L A T I O N

245KH O U S E H O L D S

84KM E D I A N

H O M EV A L U E

$151K

5 M

ILE

P R O J E C T E DP O P . G R O W T H

2 0 2 0 - 2 0 2 5

3 .60%

M E D I A N A G E

33 .0

3 M

ILE P O P U L A T I O N

< 3 0 M I N U T EC O M M U T E

48 .5%

E M P L O Y E DP O P U L A T I O N

56 .4%

C O L L E G EE D U C A T E D

P O P U L A T I O N

50 .9%

1 1 4 0 - 1 1 5 0 W W H E A T L A N D R D | 8

Page 9: INDUSTRIAL DEVELOPMENT SITE - LoopNet

SLJSLJ Company, LLC4311 West Lovers Lane, Suite 200Dallas, Texas 75209

www.sljcompany.com

E X C L U S I V E LY O F F E R E D B Y

T Y U N D E R W O O D214.520.8818 x [email protected]

Disclaimer: The material contained in this memorandum is confidential, furnished solely for the purpose of considering an investment in the properties described herein, and is not to be used for any other purpose, ormade available to any other person without the express written consent of SLJ Company, LLC. The material is based, in part, upon information obtained from third party sources, which SLJ Company, LLC deems to bereliable. However, no warranty or representation is made by SLJ Company, LLC or its affiliates, agents, or representatives as to the accuracy or completeness of the information contained herein. Prospective investorsshould make their own investigations, projections, and conclusions regarding this investment.

W W H E A T L A N D R D

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E D A N I E L D A L E R DE D A N I E L D A L E R D

Distribution

DistributionDistribution

Page 10: INDUSTRIAL DEVELOPMENT SITE - LoopNet